My well-experienced Agent will doing that, but like in Engineering, we have to check calcs, numbers, etc to stamp (no pun) with confidence.  

Only problem will be cost of stamps but hey, FYI for everyone, April 10 stamps are going down to 47 cents! 

I am going to be there are more than a few in that market and they will lose their shirts.

The overall costs for this will be just stamps, and a few bucks for gas. 

Large companies have great systems (dedicated lease up staff with collared shirts and slacks) and economies of scale but also they need to pay their upper management so I don't see all the savings coming back to you the owner.

This was back when stamps had glue that had to be wetted.

This gives it a date/time stamp.

The other kids were complaining and I thought shirt and tie with slacks in the A/C I had hit the lottery.I get paid for my mind today.

Below is the information I used to get my estimate for the cost to receive a worst case loan ...ARV: $230,000Purchase Price: $165,000 at auction (includes excise tax and court costs)Money for Repairs: $5,000Loan Amount: $161,000 (70% LTV)Interest Paid: 18%Monthly Interest Payment: $2,415/mo (cost to hold for 60 days $4,830)10 Points: $16,100 (1 point cost equaling 1% loan amount or $1,610 in this ex.)Hazard/Builders Ins, Escrow Fee, Draw Inspections, Title/Attorney Fee, Lender's Title Policy, Owner's Title Policy, Processing Fee, City/County Tax Stamps, State Tax Stamps, Assignment Fee, Appraisal Fee: $3,500So at time of closing or in this case full payment of bid amount to attorney ...$4,000 to purchase (out of pocket)$161,000 hard money loan======$165,000 purchase price (includes excise tax and court costs)$16,100 10 points$3,500 loan fees (as detailed above)======$19,600 total cost to get hard money loan (all out of pocket)$5000 repairs to home (out of pocket)$13,800 total money in selling fees including agent's commissionTotal out of pocket investment $28,600 (4k + 19.6k + 5k)$230,000 Retail Sale Price-$13,800 Selling fees-$161,000 repayment of loan-$5,000 repair costs (out of pocket)-$4,000 money needed to purchase property (out of pocket)-$19,600 costs to get 161k hard money loan (out of pocket)-$4,830 interest payments for 60 days======$21,770 potential profitLooking back over my costs to hold the property I ommited the utilities expense which should come in under 1k, but even at that my potential profit could still be right around 20k which is slightly less than 10% of the ARV which is going to be my goal for my first property.Note: I see a calculation issue in my figures.

You are representing whatever jacket or shirt you are wearing at time of offer.